FBI Says Illegal Drugs Marketplace Silk Road Generated $1.2 Billion In Sales Revenue
Advertisement
The FBI seized the website Silk Road today and arrested the man who it claims is the site's founder. Silk Road was a site that allowed you anonymously to buy illegal drugs online.
Advertisement
The FBI's indictment is full of juicy details, including how much money the site brought in.
The FBI says Silk Road generated 9.5 million Bitcoins in sales, or the equivalent of about $1.2 billion. It also made about $80 million in sales commissions.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Advertisement
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance
- 10 Foods that can harm Your bone and joint health
- 6 Lesser-known places to visit near Mussoorie